Flashcard on Historical Events and Innovations

Front

Land grants to railroad companies discouraged corruption in the railroad industry. Write T if the statement is true and F if the statement is false.

Back

False

Front

The Credit Mobilier scandal caused widespread anger among the Americans. Write T if the statement is true and F if the statement is false.

Back

True

Front

Advances in technology with the use of electricity made large-scale production factories possible but expensive. Write T if the statement is true and F if the statement is false.

Back

True

Front

Laissez-faire economics was a disadvantage to entrepreneurs. Write T if the statement is true and F if the statement is false.

Back

False

Front

The vast natural resources of the United States allowed American companies to export timber, coal iron and copper to other countries. Write T if the statement is true and F if the statement is false.

Back

False

Front

Many Americans feared monopolies because they believed that a monopoly can charge whatever it wants for its products. Write T if the statement is true and F if the statement is false.

Back

True

Front

Retail businesses were hesitant to spend money on advertising because they were not sure if their products would sell. Write T if the statement is true and F if the statement is false.

Back

False

Front

Corporations used the money raised from selling stock to invest in new technology. Write T if the statement is true and F if the statement is false.

Back

True

Front

Employers believed that the formation of unions would benefit their business. Write T if the statement is true and F if the statement is false.

Back

False

Front

Who founded a telephone company that eventually became the American Telephone and Telegraph Company (AT&T)?

Back

Alexander Graham Bell